According to the public record, The Nest, Romford is a modern house with 2,615 ft2 of internal area and sits on a 666 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Tysea Hill, Stapleford Abbotts, Romford, RM4 is located in the borough of Epping Forest within the RM4 postal district.
The Nest, Romford has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for The Nest Romford as £978,032 and the rental value as £3,369 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of The Nest Romford has increased by £2,832 (0.3%) and its rental value has increased by £102 per month (3.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If The Nest, Romford is in very good condition we estimate a sale value of £1,026,933 and rental value of £3,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £909,569 and a rental value of £3,133 per month.
If you were able to purchase this property for the estimated value of £978,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,807 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, The Nest, Romford sits on a plot of 666m2.
We have plot size data on 28 out of 44 other houses in the postcode and The Nest, Romford sits on the 18th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Nest, Romford within a radius of 253m over the last 2 years.
The most recent example is Oxford Lodge, Tysea Hill, Romford, RM4 1JP, a Freehold house which sold for £835,000 in Sep 2016.
Read more about house prices in RM4.
Tysea Hill, Stapleford Abbotts, Romford, RM4 has a total of 78 addresses. According to our analysis of all the public data, The Nest, Romford is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £284k more expensive than the average property in RM4.
The Nest, Romford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to The Nest, Romford is Harold Wood station which is 5.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around The Nest, Romford, 46.7% of property is privately owned outright and 40.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around The Nest, Romford, 18.6% of residents are recorded as possessing school level qualifications and 25.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around The Nest, Romford, the average age was 44.3 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around The Nest, Romford, 2.2% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around The Nest, Romford, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.